The Mittal family and vaccine billionaire Adar Poonawalla are set to acquire Rajasthan Royals, marking one of the most valuable and extensive franchise deals in cricket history, with international teams included. The Mittal family, led by Lakshmi N. Mittal and Aditya Mittal, has struck a definitive agreement to acquire Rajasthan Royals in partnership with vaccine billionaire Adar Poonawalla, in a transaction valued at about $1.65 billion, according to Mint and corroborating reports from Indian business media. If completed, the deal would give the Mittals roughly 75% of the franchise, with Poonawalla taking about 18%, while the remaining 7% would stay…
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Broad gains across Tel Aviv’s main indices were driven by buoyant construction and technology sectors amid speculation of more aggressive interest rate cuts by the Bank of Israel, boosting trading volumes and sector rotation. Friday’s session on the Tel Aviv Stock Exchange ended with broad gains, as the main benchmarks…
The Supreme Court approaches May 2026 with a docket poised to redefine agency authority and reshape legal landscapes across sectors, impacting regulatory enforcement and corporate risk strategies. The Supreme Court is heading into May 2026 with a docket that is already shaping the legal and commercial landscape well beyond Washington.…
The US Environmental Protection Agency has announced a rolling public list of confidentiality claims under TSCA that are set to expire, prompting companies to review and renew their submissions before the June 2026 deadline to protect sensitive information. The US Environmental Protection Agency has begun publishing a public list of…
The European Central Bank and the Bank of England are re-evaluating their monetary policies amid rising energy costs driven by Middle East tensions, with possible rate hikes on the horizon despite recent market expectations of easing. The European Central Bank and the Bank of England are shifting back towards a…
Ahead of potential re-rating, American Express’s unique subscription model and integration of AI tools could boost long-term shareholder returns, according to analysis. American Express looks like a business built for patience: a premium card network with recurring revenue traits, pricing power and a long record of returning cash to shareholders.…
Greenly’s UK campaign, mimicking The Economist’s style, aims to position carbon data as a critical tool for economic performance, blurring the lines between environmental and financial intelligence. Greenly has launched a UK campaign that deliberately borrows the look and feel of The Economist, recasting itself as “The Ecologist” in a…
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As Gail’s prepares to open a new branch in Crystal Palace, local businesses express concerns over the potential threat to their trade and the neighbourhood’s character amidst growing gentrification debates. Businesses in south London are facing growing anxiety over the imminent arrival of a new Gail’s bakery in Crystal Palace,…
As Labour considers Denmark’s strict immigration policies that curb asylum claims and promote integration, internal divisions threaten to reshape the party’s approach amid rising small boat crossings and political pressure. The Labour Party finds itself embroiled in internal conflict as it contemplates whether to adopt Denmark’s stringent immigration policies, with…
Five arrests were made during protests outside the O2 Forum in London amid ongoing demonstrations sparked by Bob Vylan’s controversial political activism and performances, illuminating the fraught intersection of music, activism, and public order. Five individuals were arrested during two separate protests outside the O2 Forum in Kentish Town, North…
As Chancellor Rachel Reeves prepares the 2024 Budget, the UK faces a complex strand of policy challenges, from labour market regulation to housing and public investment, highlighting the delicate balance between fiscal responsibility and market flexibility amid resurging Old Labour skepticism. With the UK Budget scheduled for late October 2024,…
A lack of understanding of HM Revenue and Customs procedures among young workers reveals a crucial gap in life skills education, highlighting the need for better financial and tax literacy to prepare students for the realities of employment and personal finance. A critical gap in life skills education is the…
Frontline NHS workers report fears that the display of St George’s flags has transformed some neighbourhoods into hostile ‘no-go zones’, intensifying concerns over increasing racist intimidation amid wider societal tensions. NHS staff who provide essential care to patients in their homes are increasingly expressing fears that certain neighbourhoods have transformed…
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